Housing Prices in Meridian, ID
How much do homes in Meridian, ID cost?
Median List Price
$569,733
$276/sqft
Based on all homes listed in May 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Meridian has increased by 0.6% since April.
Summary: The median home list price in Meridian was $569,733 in May 2024, up 0.6% from the previous month, and the median price per square foot was $276.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $401.5K | N/A |
| 2 Bedrooms | $547.5K | $460K | -16.0% |
| 3 Bedrooms | $511.9K | $534.9K | +4.5% |
| 4 Bedrooms | $599.9K | $588.8K | -1.8% |
| 5+ Bedrooms | $765K | $827.4K | +8.2% |
Summary: Meridian housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 8.2%.
Median List Price Compared To Nearby Cities
| Meridian | $566.2K | $569.7K | +0.6% |
| Boise | $579.9K | $576.1K | -0.6% |
| Eagle | $964.7K | $950K | -1.5% |
| Boise City | $599K | $575.6K | -3.9% |
Housing Supply in Meridian, ID
How many homes are available in Meridian, ID?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 400 | 658 | +64.5% |
Summary: The Meridian real estate market had 658 homes for sale in May 2024, a 64.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 12 | 23 | +91.7% |
| 3 Bedrooms | 188 | 312 | +66.0% |
| 4 Bedrooms | 157 | 247 | +57.3% |
| 5+ Bedrooms | 43 | 74 | +72.1% |
Summary: The Meridian housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 91.7%, 3 bedroom homes increased by 66%, 4 bedroom homes increased by 57.3%, and 5+ bedroom homes increased by 72.1%.
Days on Market for Meridian, ID
How long does it take to sell a home in Meridian, ID?
Average Listing Age
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 54 Days | 53 Days | -1.9% |
Summary: Homes in Meridian had an average listing age of 53 days in May 2024, down by 1.9% compared to the previous month.
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